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Texas Local Government Code

§ 117.052 — DEPOSITS OF REGISTRY FUNDS BY COUNTY AND DISTRICT CLERKS

LG § 117.052Title 4. FINANCES · Part B. COUNTY FINANCES · Ch. 117. DEPOSITORIES FOR CERTAIN TRUST FUNDS AND COURT REGISTRY FUNDS · Art. C. DEPOSITORY ACCOUNTS

Statute text

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(a)If a depository has been selected under Subchapter B, a county clerk or a district clerk who is to have for more than three days legal custody of money deposited in the registry of the court pending the result of a legal proceeding shall deposit the money in the depository.
(b)The funds deposited shall be carried at the depository selected under this chapter as a special account in the name of the clerk making the deposit.
(c)A clerk is responsible for funds deposited into the registry fund from the following sources:
(1)funds of minors or incapacitated persons;
(2)funds tendered in an interpleader action;
(3)funds paid in satisfaction of a judgment;

Legislative history

Acts 1987, 70th Leg., ch. 149, Sec. 1, eff. Sept. 1, 1987. Amended by Acts 1989, 71st Leg., ch. 1, Sec. 17(d), eff. Aug. 28, 1989; Acts 1997, 75th Leg., ch. 505, Sec. 11, eff. Sept. 1, 1997; Acts 2001, 77th Leg., ch. 292, Sec. 1, eff. May 23, 2001.

Source: Texas Local Government Code § 117.052 from the Texas Constitution and Statutes (Texas Legislature) (public record). DecisionDepot is for informational use only and is not legal advice — verify against the official source before relying on this text.